Suburb Profile Report for Lota QLD (4179)

Lota House: Median price $630,000, Annual capital growth 3.41%, Number of sales 60, Weekly median advertised rent $430

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: Monthly data update for Feb 2020 as supplied by CoreLogic. Data is reported to the period ending Nov 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

Over the last year, property investments in Lota, 4179 have given investors a capital gain of 2.88%. This compares favourably with the 0.14% for QLD as a whole.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Lota has increased when compared to the 5 year average annual rate.

State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.92% offered to property buyers. Sellers in Lota itself are offering an average vendor discount of -6.15% to real estate investors.

The QLD suburb of Lota, 4179 is in the Brisbane (C) local government area.

Metrics i HOUSE UNIT
$630,000 N/A
0.80% N/A
2.88% N/A
3.41% N/A
$430 N/A
60 N/A
3.55% N/A
65.4782608695652 N/A

Source: Monthly data update for Feb 2020 as supplied by CoreLogic. Data is reported to the period ending Nov 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Balanced (U)
Find a mortgage broker in Lota QLD
Demographics
Total population 3254
Median household income ($/weekly) 1568
Median age of persons 38
Median housing loan repayment ($/monthly) 2167
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 448 13.8
    25-34 years 375 11.5
    35-44 years 561 17.2
    45-54 years 499 15.3
    55-64 years 359 11.0
    Others 1014 31.1
    Age Group
    Census Count Percent(%)
    Registered Married 1155 50.2
    Not Married 862 37.5
    Defacto Relationship 284 12.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 2438 77.4
    Papua New Guinea 161 5.1
    South Africa 39 1.2
    United Kingdom 294 9.3
    Other 65 2.1
    Others 152 4.8
    Country of Birth
    Census Count Percent(%)
    Christianity 2082 69.2
    No Religion 872 29.0
    Buddhism 26 0.9
    Other Religious Groups 20 0.7
    Hinduism 10 0.3
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 87 8.4
    $800-$999 87 8.4
    $1,500-$1,999 139 13.4
    $2,000-$2,499 116 11.1
    $2,500-$2,999 135 13.0
    Others 477 45.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1062 42.6
    Not in the labour force 775 31.1
    Employed, worked part-time 483 19.4
    Employed, away from work 87 3.5
    Unemployed, looking for work 87 3.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 226 13.9
    Professionals 359 22.0
    Technicians & trades workers 245 15.0
    Community & personal service workers 145 8.9
    Clerical & administrative workers 288 17.7
    Others 366 22.5
    Occupation
    Census Count Percent(%)
    Pre-school 50 6.6
    Infants/Primary 315 41.3
    Secondary 189 24.8
    Technical or Further Educational Institution 66 8.7
    University or other Tertiary Institutions 117 15.4
    Others 25 3.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2902 95.8
    Semi-detached, row or terrace house, townhouse 105 3.5
    Flat, unit or apartment 14 0.5
    House or flat attached to a shop, office 4 0.1
    Caravan, cabin, houseboat 3 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 449 40.0
    Rented 337 30.0
    Fully owned 325 29.0
    Other tenure type 11 1.0
    Tenure Type
Census 2011, ABS
Chart Table